Market Update





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October 2021

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending September 25th was 1.880 million net tons, at a capacity utilization rate of 85.2%. The year-to-date tonnage output is 70.216 million net tons, at an average capacity utilization rate of 80.3%. In 2020, the same output total was 58.477 million net tons, at an average capacity utilization of 65.8%.

September 2021

U.S. Steel Rebar Final Imports: Final rebar imports to the U.S. came in at 91,076 tons for the month of July 2021, down 15% m/m. Mexico was the largest exporter of rebar with 34,366 tons this month. Algeria was a close second with 33,299 tons. Russia was the third-largest rebar exporter with 8,388 tons (only their third month this year exporting to the US.)
U.S. Steel Merchant Final Imports: Final merchant imports to the U.S. came in at 46,185 tons in July 2021, increasing 4% month over month (m/m). When looking at the current year, we see that imports reached their peak this month, and are at the highest level reported since January 2019.
U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 43,339 tons in July 2021, declining 9% month over month (m/m). Mexico was the largest exporter of fabricated beams with 14,995 tons this month (35%).
U.S. Steel Beam Final Imports: Final beam imports to the U.S. came in at 39,122 tons for July 2021- up 42% since last month - and the highest number of beam imports reported in 2021. South Korea was the largest exporter of beams with 17,859 tons this month (46%).
­­U.S. Steel Capacity Utilization: The total tonnage for the week ending August 28th was 1.873 million net tons, at a capacity utilization rate of 84.9%. The year-to-date tonnage output is 62.714 million net tons, at an average capacity utilization rate of 79.8 %. In 2020, the same output total was 52.664 million net tons, at an average capacity utilization of 66.0%.
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